TOKYO (Reuters) – Toyota Motor Corp’s labour union is set to demand its biggest annual bonus on record worth 7.6 months of pay, exceeding the previous high of 7.2 months, …
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ZURICH (Reuters) – Switzerland’s financial regulator wants to discuss the ability to claw back bonuses from bankers as part of stronger powers following the fall of Credit Suisse and sale …
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By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the …
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CARACAS (Reuters) – Colombian President Gustavo Petro, visiting Venezuela on Saturday, said he had proposed to the United States that it pay an “economic stabilization” bonus to Venezuelan migrants who …
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By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year as the bank looks to …
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By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming services will pay bonuses of roughly $40 million per year as part of the tentative labor agreement reached between the …
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By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a bank savings account would, Goldman …
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By Lananh Nguyen NEW YORK (Reuters) – U.S. investment bankers who advise companies on deals can expect their bonuses to sink 20% to 25% this year as markets stay subdued, …
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Air Force Shells Out Huge Bonuses To Keep Pilots Amid Severe Personnel Shortage Micaela Burrow on June 6, 2023 The U.S. Air Force is issuing $50,000 bonuses to experienced pilots …
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ZURICH (Reuters) – Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following an order issued on Tuesday by the Swiss Finance Ministry. …
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FBI Used Cash Bonuses To Encourage Agents To Wiretap More Americans, Whistleblower Says Laurel Duggan on May 18, 2023 The FBI’s bonus structure encourages agents to arbitrarily use law enforcement …
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HONG KONG/SHANGHAI (Reuters) – Dealmakers at China International Capital Corp (CICC) will see bonuses slashed by as much as 40%, three sources said, in one of the financial sector’s biggest …
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(Reuters) – First Republic Bank said on Wednesday all its executive officers have decided to take no annual bonuses for 2023, and founder and Executive Chair Jim Herbert will draw …
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Oil CEOs See Massive Bonuses Amid Record Profits John Hugh DeMastri on March 10, 2023 The pay packages for the chief executives of British oil giants BP and Shell skyrocketed …
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SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as the government calls for firms with strong profits to help …
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WASHINGTON (Reuters) – Southwest Airlines Chief Operating Officer Andrew Watterson said on Thursday the company will cut executive bonuses following the carrier’s high-profile operational meltdown in late December that left …
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Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers: REPORT John Hugh DeMastri on December 16, 2022 Goldman Sachs is planning to cut thousands of employees and potentially …
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By Dan Peleschuk KYIV (Reuters) – Ukrainian atomic energy agency Energoatom said on Wednesday it would offer higher bonuses to staff at the Russian-occupied Zaporizhzhia nuclear power station who remain …
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(Reuters) – Goldman Sachs Group’s bonus pool for senior employees is expected to shrink by as much as half, news platform Semafor reported on Thursday, citing people familiar with the …
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(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%, …
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By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Wall Street investment bankers can expect much smaller bonuses this year as the economy slows, according to projections published on …
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(Reuters) – Payment processor Mastercard Inc will link all employee bonuses to environmental, social and corporate-governance (ESG)initiatives, expanding an earlier program which was limited to its senior executives, Chief Executive …
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-Goldman Sachs Group Inc is exploring measures such as seizing vested pay to dissuade top bankers from leaving, Bloomberg News reported on Wednesday, citing people familiar with the matter. The …
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By Tetsushi Kajimoto TOKYO – More than two-thirds of Japanese firms don’t plan to raise base salaries at this year’s labour talks, a Reuters poll showed, with pay increases more …
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CHICAGO – Tyson Foods said on Monday it will pay about $50 million in year-end bonuses to frontline and hourly meatpacking workers starting this month, as companies compete to attract …